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LIVE DESK·Global markets desk·Last updated 14s ago
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Commodities

Hormuz, Gold and Avocados: Why Geopolitics Still Drives Commodities
CommoditiesOpinion

Hormuz, Gold and Avocados: Why Geopolitics Still Drives Commodities

Iran’s near‑term Hormuz opening, a bullish call on gold and a tentative avocado restart all point to a market where geopolitical risk and supply bottlenecks still dominate price moves.

David Chen · 9 Aug 2026
Citadel Securities analyst Rubner says it’s time to start buying gold again
CommoditiesArticle

Citadel Securities analyst Rubner says it’s time to start buying gold again

Citadel Securities’ Rubner indicated that market conditions now favor renewed buying of gold, suggesting a shift from earlier caution.

David Chen · 9 Aug 2026
US to partially restart activities in Mexico’s avocado hub
CommoditiesArticle

US to partially restart activities in Mexico’s avocado hub

The United States announced a partial restart of operations in Mexico's main avocado-producing region, signaling a limited resumption of trade activity after a prior suspension.

David Chen · 9 Aug 2026
Oil falls over 8% this week as traders eye Hormuz reopening deal
CommoditiesArticle

Oil falls over 8% this week as traders eye Hormuz reopening deal

Crude prices dropped more than 8% over the past week, buoyed by market optimism that a deal to reopen the Strait of Hormuz could be reached.

David Chen · 9 Aug 2026
Brent crude rises $1 amid uncertainty over Iran war's end
CommoditiesArticle

Brent crude rises $1 amid uncertainty over Iran war's end

Brent crude futures gained about $1 per barrel as traders weigh the uncertain timeline for the conclusion of the Iran conflict.

David Chen · 9 Aug 2026
London gas oil price forms doji at $1,188 within bear‑flag zone
CommoditiesArticle

London gas oil price forms doji at $1,188 within bear‑flag zone

The London gas oil contract edged to $1,188 per tonne, generating a doji candlestick inside a bear‑flag pattern, signaling potential further downside.

David Chen · 9 Aug 2026
Gold Hits Fresh Record Above $2,420 on Safe-Haven Demand
CommoditiesArticle

Gold Hits Fresh Record Above $2,420 on Safe-Haven Demand

Bullion extended its rally to a new all-time high as investors sought shelter from a mix of geopolitical tension and softer real yields.

David Chen · 7 Aug 2026
Brent crude steadies at $83.35, sandwiched between moving averages
CommoditiesArticle

Brent crude steadies at $83.35, sandwiched between moving averages

Brent crude settled at $83.35, positioned between short‑term and longer‑term moving averages, indicating a technical consolidation zone.

David Chen · 4 Aug 2026
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